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FOR COMPLETION BY PROJECT OWNER OR MANAGER ONLY: <br />A. Calculation of eligible income: <br />(1) Enter amount entered for entire household in item 6 above: <br />$_________________ <br />(2) If the amount entered in item 7(a) above is greater than SS.OOO, <br />enter the greater of (i) the amount entered in 7(b) less the amount <br />entered in 7(c) or (ii) 10% of the amount entered in 7(a): <br />$_________________ <br />(3) TOTAL ELIGIBLE INCOME (Line A(I) plus line A(2): <br />C. <br />D. <br />The amount entered in A(3) (Total Eligible Income) is: <br />____Less than $____________________. which Is an amount <br />equal to 50 ‘r« of median income for the Minneapolis-St. <br />Paul SMSA. <br />More than the above-mentioned amount. <br />Number of apartment unit assigned: <br />This apartment unit was____was not____last occupied for a <br />period of at least 31 consecutive days by a person or persons whose aggregate <br />anticipated annual income, as certiHed in the above manner, was less than or equal to <br />the amount at which a person would have qualified under B above. <br />E. Applicant: <br />____Qualifies as a Lower-Income Tenant. <br />____Does not qualify as a Lower Income Tenant. <br />Owner or Manager <br />EXHIBIT F <br />INVESTOR LETTER <br />Orono Housing and <br />Redevelopment Authority <br />Orono, Minnesota <br />City of Orono. Minnesota <br />Orono, Minnesota <br />Revenue <br />Ladies and Gentlemen: <br />Re: Orono Housing and Redevelopment Authority Tax Increment <br />Note